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Latest News
13 Nov
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Ideagen expects first-half earnings 'significantly ahead'

Software outfit Ideagen reported "another excellent start" to its financial year on Tuesday, noting that it expected revenues and EBITDA to be "significantly ahead" after trading remained strong throughout the first six months of the year.

13 Nov
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Interserve insists it remains 'on track' after hitting 30yr low

Interserve Group insisted that it still expect a "significant" profit improvement this year, after the government contractor missed a deadline on a joint venture.

13 Nov
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Yolo Leisure celebrates as major broadcaster invests in TVPlayer

Yolo Leisure and Technology announced on Tuesday that TVPlayer, the television service with more than 100 channels streaming online and in excess of two million active users in the UK market, has announced an £8m Series A round, led by an unnamed major US broadcasting network.

13 Nov
Amazon to split second HQ between NYC and Virginia

Amazon confirmed on Tuesday that it plans to split its second headquarters between New York City and Arlington, Virginia.

13 Nov
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FTSE 100 movers: Vodafone rallies on results; tobacco stocks drop again

London's FTSE 100 was down 0. 3% to 7,034. 54 in afternoon trade on Tuesday as the pound rallied on the back of solid wage growth figures and Brexit hopes.

13 Nov
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Andalas Energy pleased with progress at P1918

Andalas Energy and Power reported on Tuesday that Corallian Energy, the exploration operator for licence P1918, has informed the joint venture partners that the Department for Business, Energy and Industrial Strategy, Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) has advised the Oil and Gas Authority of its in-principle agreement to the issue of the relevant consent for the Colter well, in which Andalas has an 8% interest.

13 Nov
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Apple iPhone cuts leads Goldman to slash target price

After some Apple suppliers cut their guidance due to much-reduced shipments, Goldman Sachs slashed its target price for the iPhone maker.

13 Nov
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US small business confidence dips in October, NFIB says

Small business confidence in the US slipped last month but remained near record highs.

13 Nov
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BT announces first cities to get EE 5G mobile

Mobile network operator EE announced on Tuesday that it will switch on 5G mobile sites in 16 UK cities during 2019.

13 Nov
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Asia report: Most markets follow Wall Street lower

Most markets in Asia were lower as they closed on Tuesday, though China was a standout exception despite ongoing concern around trade tensions between Beijing and Washington.

13 Nov
Adept shares tumble as sliding profits offset improved revenues

IT outfit Adept Technology saw revenues and EBITDA improve throughout the first half of its trading year, leaving the board "delighted" by its progress despite also seeing profits retreat.

13 Nov
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Opec trims forecasts as global economy weakens and supply surges

Opec has trimmed demand forecasts for its crude in 2019, leading to speculation that the oil cartel will cut production when it meets next month.

13 Nov
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IQE reins in expectations as major industry customer cuts shipments

IQE reported on Tuesday that its supply chain has been affected by a reduction in shipments from a major semiconductor customer, leading to a drop in full-year revenue expectations.

13 Nov
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Ascent applauds change of Slovenian environmental regime

Ascent Resources welcomed the resignation of the general director of the Slovenian environmental agency ARSO on Tuesday after a government investigation.

13 Nov
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Taylor Wimpey on track for FY but cautious on outlook

Housebuilder Taylor Wimpey said on Tuesday that it was on track to meet full-year expectations following a "strong" second half, but warned that volumes would be flat next year.

13 Nov
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Premier Foods mulling Ambrosia sale, CEO Gavin Darby to leave

Bisto, Oxo and Mr Kipling owner Premier Foods said on Tuesday that it was mulling the sale of its Ambrosia brand as it announced the departure of chief executive Gavin Darby alongside its half-year results.

13 Nov
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Sainsbury's and Waitrose suffer as discounters keep grinding

Supermarkets saw growth slow in recent weeks, with Sainsbury's and Waitrose even going into reverse as discounters renewed their land grab in the sector.

13 Nov
Stride Gaming's Daub Alderney slapped with £7.1m fine

Stride Gaming was under the cosh as it said that subsidiary Daub Alderney has been fined £7. 1m by the UK Gambling Commission for failings in its anti-money laundering and social responsibility procedures.

13 Nov
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Bearish investors turn their back on tech stocks, survey finds

Exposure to the global technology sector is at its lowest level since February 2009, according the industry research, as bearish fund managers become increasingly risk averse.

13 Nov
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Codemasters confident about new games releases

Codemasters said it is confident of seeing improved trading over the remainder of its trading year as it prepared for the launch of two new motor racing titles.